ASU ALUMNI LAW GROUP

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

MARTY HARPER

Phone

6022513620

Tax Period

2022-07-01 to 2023-06-30

ASU ALUMNI LAW GROUP, founded in 2013, is a micro nonprofit that reported $3K in total revenue in fiscal year 2022. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $20K exceeded revenue, resulting in a 685% operating deficit.

Mission

SUPPORT AND PROVIDE EDUCATIONAL AND PRACTICAL TRAINING TO RECENT ASU LAW SCHOOL GRADUATES WHILE PROVIDING AFFORDABLE LEGAL SERVICES TO MEMBERS OF THE COMMUNITY WHO OFTEN STRUGGLE TO FIND ACCESS TO JUSTICE.

Program Service Accomplishments

Program 1

Expenses: $20,415 Revenue: $2,500

EXPERIENCED ATTORNEYS CLOSELY SUPERVISE NEW ATTORNEYS WHILE PROVIDING AFFORDABLE SERVICES TO THE COMMUNITY IN A VARIETY OF PRACTICE AREAS. THE GROUP HELPS RECENT GRADUATES OF ASU'S LAW PROGRAM BECOME MORE PRACTICE READY WITH PROVIDING THEM WITH FURTHER PRACTICAL LEGAL INSTRUCTION THROUGH BOTH CLOSELY SUPERVISED ON-THE-JOB TRAINING AND A STRUCTURED CURRICULUM. THE CIRRICULUM INCLUDES INSTRUCTIONS IN PRACTICING LAW AND HOW TO BUILD A LAW PRACTICE, AND PROVIDES FURTHER OPPORTUNITIES FOR ASSOCIATES TO REFINE THEIR WRITING, PRESENTATION, AND ANALYTIC SKILLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,500

Investment Income $102

Other Revenue $0

TOTAL REVENUE $2,602

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,415

Other Expenses $20,415

TOTAL EXPENSES $20,415

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,602	$3,692	-0.3%
Expenses	$20,415	$19,252	+0.1%
Net Income	$-17,813	$-15,560	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTY HARPER	PRESIDENT	40.00	Officer Director	$0	$0	$0
LISA LOO	SECRETARY	40.00	Officer Director	$0	$0	$0
STACY LEEDS	DIRECTOR	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$2,602	$20,415	$81,719	$-17,813
2022	$3,692	$19,252	$99,532	$-15,560
2021	$165,220	$309,769	$115,091	$-144,549
2020	$1,480,379	$1,321,814	$260,094	$158,565
2019	$1,610,852	$1,608,986	$101,529	$1,866
2018	$1,394,456	$1,354,205	$99,296	$40,251